Redefining Overbought

By Tyler Durden

Created 08/11/2009 - 08:06

The 21-day MA on the NYSE Up Issues Ratio is the most stretched since 1991. Courtesy of Sentiment Trader [1].

[2]

• New York Stock Exchange
• NYSE
• NYSE Up Ratio

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Source URL: http://www.zerohedge.com/article/redefining-overbought

Links:
[1] http://www.zerohedge.com/The%2021-day%20MA%20on%20NYSE%20Up%20Issues%20Ratio%20is%20the%20most%20stretched%20since%201991.
[2] http://www.zerohedge.com/sites/default/files/images/20090811_breadth.png